June 13th, 2014 18:32:36 GMT

Gold gains for fourth consecutive day


Gold rose $2.25 to $1275.70 on Friday and gained $22 on the week. Geopolitical risk from Iraq, Ukraine and safe haven demand stoked the gains but in the bigger picture it’s still a retracement from the late-May breakdown. The good … Continue reading

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June 5th, 2014 13:33:41 GMT

Gold’s initial surge thwarted


The initial perkiness of gold has been stymied by the 200 hour moving average. In the absence of much on the shorter term charts, a range between strong support at 1240.0 and the day’s high at 1258.0 should cover it … Continue reading

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